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Personal Progress Update

While my net worth improved this month, it will be going down again shortly
due to some much-needed home repairs…

Net worth as of April 1: $63,415
Net worth as of May 1: $67,943

Here are this month’s highlights:

  • The cracks in our foundation walls started leaking again, making me question why we ever bought this home. Then, our sump pump failed, causing water to come up through new cracks in the foundation floor.
    We replaced the sump pump and called a structural engineer to assess our foundation. He came out today, and I’m happy to say that our house is structurally sound! We just need to do some regrading under the deck, maintain the slope against the south wall of the house and have the cracks in the wall sealed. Total cost should be under $1,000.
  • I received a first quarter bonus of $2,100, which I put in savings along with my suspended debt snowball payments in anticipation of having to pay for expensive foundation work. Fortunately, I don’t need the money for the foundation, but we do have to replace our heat pump for about $3,000 within the next few weeks. Once that and the foundation issues are taken care of, I’ll replenish our regular $1,000 emergency fund and begin paying extra toward our debt again.
  • I got a little impatient with this whole “saving” thing last week, and transferred $1,000 of the money I’d saved to our credit card debt, which is now down to $2,300.
  • I started a diet on April 9, with a goal of losing one pound per week. So far, I’ve lost five pounds. It hasn’t been as hard as I thought it would be, especially since I haven’t incorporated exercise into my plan yet. I’m tracking my calorie consumption, weight and measurements on The Daily Plate, a website I learned about from Get Fit Slowly (the sister blog of Get Rich Slowly)
  • Since signing up for My Coke Rewards, my Coke habit has gotten me a free subscription to the Oprah magazine and a free movie ticket.
  • I finally finished our taxes after much procrastination, and am eagerly awaiting our refund and $1,500 economic stimulus payment.
  • I’d been considering donating plasma to make an extra $60/week, but am even more squeamish about it given the things people have been typing into Google to find my website lately - bruising from donating plasma, sick after donating plasma, donating plasma weight loss - ew. I’m definitely going to try giving blood first, but probably not any time soon.
  • I’ve been wanting to have a garage sale so I can replace our pathetic mattress, but don’t think I’ll have the time in May because we’re going to be painting our house. I’ve been collecting items, and will probably do it when the subdivision has its annual garage sale event in June.

Whew! Eventful month.

4 responses so far

4 Responses to “Personal Progress Update”

  1. Mydailydollarson May 1st 2008 at 6:20 am

    Wow! You’ve done a lot this month. I know unexpceted repairs are a drag, but you’ve got to feel great about losing five pounds. That’s big!

  2. Romanon May 1st 2008 at 8:56 am

    5 Lb pounds thats great keep up the good work!

  3. ldubon May 5th 2008 at 9:14 am

    nice job on the weight loss and the getting stuff for your coke habit! i use it for the free 12 pack coupons and the magazine subscriptions - then i limit myself to only reading trashy magazines (cosmo, marie claire, etc) at the gym, hence, i go to the gym more often! helpful…

  4. [...] worth as of May 1: $67,943 Net worth as of June 1: [...]

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